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Technical Education: Support and Resistance Part 2 using Mountains and Valleys with IIPR and PODD
Have you ever thought during the day if I should sell or should I keep holding? I have and this question keeps coming up everyday but luckily I have my support and resistance lines! Then combining the support and resistance line with highs and lows and along with precise numbers in your head it helps form a framework of a very short term uptrend or downtrend in your mind. This way you won't be drawn to look at what the current price of the market is. Two stocks are analyzed this week:
IIPR
https://www.tradingview.com/chart/IIPR/78UiZfVS-IIPR-Buy-at-126-2-Profit-Taking-at-157-75/
PODD
https://www.tradingview.com/chart/PODD/cfkCEOcg-PODD-Buy-at-234-09-Profit-Taking-at-292-61/
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By Haley ZhaoHave you ever thought during the day if I should sell or should I keep holding? I have and this question keeps coming up everyday but luckily I have my support and resistance lines! Then combining the support and resistance line with highs and lows and along with precise numbers in your head it helps form a framework of a very short term uptrend or downtrend in your mind. This way you won't be drawn to look at what the current price of the market is. Two stocks are analyzed this week:
IIPR
https://www.tradingview.com/chart/IIPR/78UiZfVS-IIPR-Buy-at-126-2-Profit-Taking-at-157-75/
PODD
https://www.tradingview.com/chart/PODD/cfkCEOcg-PODD-Buy-at-234-09-Profit-Taking-at-292-61/